Smart-home technologies that control lights, thermostats, the locks on doors and more were sold as futuristic luxuries just a few years ago. Now, they are proliferating and entering the mainstream market at more affordable prices.

A Boulder, Colo., startup called Revolv raised $4 million in seed financing to become the “universal remote,” or gateway, that homeowners can use to control them all.

Foundry Group led the round joined by American Family Insurance and other angel investors.

The company is the third smart-home device maker to score institutional capital within the past two weeks. Read More »

In this morning’s Web roundup, Utilidata Inc. receives the backing of a major electric utility company. Revolv Inc. is seeded to become the “universal remote” of smart-home devices. Also, a startup seeks a breakthrough with technology to replace the egg. Read More »

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